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July 20 Gold Prices: 24K and Platinum Edge Lower... International Oil Prices Surge Amid U.S.-Iran Conflict

**[July 20, 2026 Gold and Platinum Prices]** Based on prices from the Korea Gold Exchange, today's major precious metal prices were reported as follows: * **Pur

Oseong Kwon
Staff Reporter
3 min read
July 20 Gold Prices: 24K and Platinum Edge Lower... International Oil Prices Surge Amid U.S.-Iran Conflict
CBC News

[July 20, 2026 Gold and Platinum Prices]

Based on prices from the Korea Gold Exchange, today's major precious metal prices were reported as follows:

  • Pure Gold (24K·3.75g): Buy price 839,000 won (down 0.48% from the previous trading day, a decline of 4,000 won), Sell price 707,000 won (down 0.14%, a decline of 1,000 won)
  • 18K Gold: Sell price 519,700 won (down 0.13%, a decline of 700 won)
  • 14K Gold: Sell price 403,000 won (down 0.15%, a decline of 600 won)
  • Platinum (3.75g): Buy price 332,000 won (down 0.3%, a decline of 1,000 won), Sell price 270,000 won (no change)

[Sharp Rise in International Oil Prices and Economic Outlook]

Meanwhile, international oil prices showed a sharp upward trend on the 19th (local time) as clashes between the United States and Iran intensified once again. According to foreign reports including Reuters, as of 6:02 p.m. U.S. Eastern Time, the September Brent crude futures price surged 3.12% from the previous trading day to trade at $90.85 per barrel.

If such uncertainties in the crude oil supply chain persist, commodity prices may be stimulated going forward, warranting close monitoring of related developments. In particular, rising prices could be a critical variable affecting U.S. interest rate trends, making it an important factor to watch.

[※ Investors are solely responsible for their investment decisions, and it is essential to review relevant disclosures and company fundamentals before investing.]

Oseong Kwon
Staff Reporter

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